Brookstone Capital Management Reduces Stock Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

Brookstone Capital Management lowered its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 7.5% during the fourth quarter, Holdings Channel reports. The fund owned 236,381 shares of the company’s stock after selling 19,231 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $25,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SPYG. Cassilly Financial Group LLC acquired a new position in SPDR Portfolio S&P 500 Growth ETF during the fourth quarter valued at $471,000. MOR Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $236,000. Sherman Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter worth about $1,164,000. Aventus Investment Advisors Inc. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 3.0% during the 4th quarter. Aventus Investment Advisors Inc. now owns 44,193 shares of the company’s stock valued at $4,715,000 after buying an additional 1,307 shares during the last quarter. Finally, Global View Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 7.1% during the 4th quarter. Global View Capital Management LLC now owns 7,955 shares of the company’s stock valued at $849,000 after buying an additional 527 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Down 0.8%

Shares of SPYG stock opened at $94.07 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $68.65 and a 52-week high of $109.63. The stock has a market cap of $40.12 billion, a PE ratio of 32.28 and a beta of 1.11. The business has a 50-day simple moving average of $103.50 and a 200-day simple moving average of $105.09.

About SPDR Portfolio S&P 500 Growth ETF

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.